BTPA Act, 2016 Tutorial 1: Issuance of Notice and Attachment of Property
Dec. 14, 2016
The Benami Transactions (Prohibition) Amendment Act, 2016 which came into force from 1 November, 2016 give government the power to confiscate property without payment of compensation. In this article, we will be discussing the following aspects under the new law: "Issuance of Notice, Provisional Attachment of Property, Time Limit for completion of assessment and Reference to Adjudicating Authority".